Malaysia Corporate Tax Services
Expert Malaysia tax guidance to keep your business compliant and tax-efficient.
Malaysia Corporate Tax Services
Malaysia remains one of Southeast Asia’s most attractive business and tax jurisdictions. With a competitive corporate income tax rate, transparent compliance regime, and government incentives for high-value industries, the country provides a strong foundation for both domestic and international companies.
Terra Advisory Services helps businesses understand Malaysia’s corporate tax system—covering income tax filing, incentives, SST obligations, and cross-border compliance—so you stay efficient and fully aligned with LHDN (Inland Revenue Board of Malaysia) requirements. Learn more about how to register a company in Malaysia.
Malaysia Corporate Income Tax Overview
Malaysia imposes corporate income tax on resident and non-resident companies under the Income Tax Act 1967.
As of 2025, the standard corporate tax rate is 24% for resident companies, while qualifying SMEs enjoy a 17% rate on the first RM 600,000 of chargeable income (with the balance taxed at 24%).
- Filing the Form C (Corporate Tax Return) within seven months of financial year-end.
- Submitting estimates of tax payable (CP204) and making monthly instalments.
- Preparing audited financial statements in accordance with Malaysian Financial Reporting Standards (MFRS).
Terra Advisory ensures your tax computations, CP204 instalments, and filings are timely, accurate, and optimized to minimize exposure to LHDN penalties.
Tax Incentives & SME Reliefs
Malaysia offers extensive tax incentives through the Malaysian Investment Development Authority (MIDA) to encourage growth across key sectors.
Our team evaluates your eligibility for incentives and handles MIDA/MDEC applications to ensure maximum savings.
Sales & Service Tax (SST) Compliance
Malaysia replaced GST with
Sales and Service Tax (SST) in 2018.
As of 2025, most goods are subject to 10% Sales Tax, while Service Tax applies at 6% for prescribed professional, management, and digital services.
- SST registration for eligible businesses (> RM 500,000 annual taxable turnover).
- Preparation and submission of SST-02 returns.
- Input and output tax reconciliation and record-keeping.
- Review of service scope to prevent over- or under-collection of SST.
Terra Advisory Services helps you stay compliant with Malaysia’s SST framework and avoid interest and late-payment penalties.
Double Taxation Agreements & Cross-Border Planning
Malaysia has over 70 active Double Taxation Agreements (DTAs) to prevent income from being taxed twice between jurisdictions.
Our cross-border tax experts advise on holding structures and intra-group transactions to ensure tax efficiency and regulatory compliance across Malaysia and Singapore.
Accounting & Compliance Framework
All companies in Malaysia must prepare financial statements under MFRS and file annual returns with the Companies Commission of Malaysia (SSM).
Our team ensures your records and filings are fully aligned with LHDN and SSM requirements.
Why Choose Terra Advisory Services for Malaysia Corporate Tax
- Deep expertise in Malaysia–Singapore cross-border tax structuring.
- End-to-end corporate tax and SST compliance solutions.
- Proven experience with SMEs, startups, and regional headquarters. (Learn more)
- Transparent advisory with a focus on strategic tax efficiency.
From incorporation to annual compliance, Terra Advisory Services is your trusted partner for navigating Malaysia’s tax landscape.
Book a Consultation